economics

A rise in the market price of fixed-interest securities is an indication that the?

A. supply of money has decreased B. liquidity preference has increased C. market rate of interest has risen D. market…

5 years ago

Economically, underdeveloped countries are characterized by?

A. high rate of population growth and low rate of economic growth B. high rate of economic growth and low…

5 years ago

The family Support Programme in Nigeria essentially focuses on?

A. the generation of employment B. the alleviation of poverty C. agricultural and industrial development D. economic emancipation of women…

5 years ago

Which of the following is a transfer payment?

A. Dividend to a shareholder B. Gift to a mothers less babies' home C. Salary to a worker D. Rent…

5 years ago

The major objective of economic growth is to?

A. redistribute income and other benefits of growth B. equalize opportunities for education and employment C. increase the aggregate expenditure…

5 years ago

A fall in the marginal propensity to save will lead to?

A. a decrease in national income B. an increase in national income C. no change in national income D. an…

5 years ago

An issue of bank-notes not backed by gold but by government securities is known as?

A. fiduciary issue B. guaranteed money C. seigniorage D. legal tender Correct Answer: Option A - fiduciary issue

5 years ago

Which of the following is true about the value of money?

A. it varies inversely with the price level B. it varies directly with the price level C. it depreciates in…

5 years ago

Crude petroleum is a good example of a?

A. lasting asset B. wasting asset C. synthetic product D. costless resources Correct Answer: Option B - wasting asset

5 years ago